Zerodha Vs Tradeplus Share Broker Comparison
The side-by-side comparison of Zerodha and Tradeplus (Navia Markets Ltd) stock brokers in India. The comparison below highlights the similarities and differences between Zerodha and Tradeplus's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among Zerodha and Tradeplus.
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Zerodha |
Tradeplus (Navia Markets Ltd) |
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| About the Broker |
Zerodha is a Bangalore, India based Flat Fee Share Broker (Also known as Budget Broker / Discount Broker / Pay Per Order Brokerage) for trading in Stock, Commodity and Currency Derivative. It charges brokerage of 0.01% or Rs 20 per executed order, wh...  |
Tradeplus is an online stock broker (hybrid of traditional and discount broker) offering trading & investment at BSE, NSE and MCX. Tradeplus is famous for its unlimited zero brokerage trading plans which offer infinite trading at a fixed monthly ... |
Type of Broker
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Discount Broker |
Discount Broker |
| Supported Exchnage
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NSE, BSE, MCX and NCDEX |
BSE, NSE, MCX |
| Account Type
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Standard Plan |
Infinite Trading Plans |
| Broker Enquiry |
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Stock Broker Fees / Charges
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Zerodha |
Tradeplus (Navia Markets Ltd) |
| Trading Account Opening Fees
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₹300 |
₹199 |
| Trading Account AMC
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₹0 (Free) |
₹0 |
| Demat Account Opening Fees
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₹100 |
₹0 |
| Demat Account AMC
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₹300 |
₹900 for 10 years, ₹500 for 5 years |
| Demat Account is Mandatory?
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No |
No |
Trading Brokerage Charges
Brokerage Plan 1
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Zerodha |
Tradeplus (Navia Markets Ltd) |
| Account Type |
Standard Plan |
Infinite Trading Plans |
| Fixed Charges
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| Equity Delivery Brokerage
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₹0 (Free) |
₹0 (Free) |
| Equity Intraday Brokerage
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₹20 per executed order or .01% whichever is lower |
0.01% |
| Equity Futures Brokerage
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₹20 per executed order or .01% whichever is lower |
₹799 per month (unlimited trading) |
| Equity Options Brokerage
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₹20 per executed order or .01% whichever is lower |
₹99 per month (unlimited trading) |
| Currency Futures Trading Brokerage
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₹20 per executed order or .01% whichever is lower |
₹99 per month (unlimited trading) |
| Currency Options Trading Brokerage
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₹20 per executed order or .01% whichever is lower |
₹99 per month (unlimited trading) |
| Commodity Futures Trading Brokerage
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₹20 per executed order or .01% whichever is lower |
₹99 per month (unlimited trading) |
| Commodity Options Trading Brokerage
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Brokerage Plan 2
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Zerodha |
Tradeplus (Navia Markets Ltd) |
| Account Type |
Standard Plan |
General Brokerage Plan |
| Fixed Charges
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NA |
| Equity Delivery Brokerage
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₹0 (Free) |
₹0 (Free) |
| Equity Intraday Brokerage
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₹20 per executed order or .01% whichever is lower |
0.01% |
| Equity Futures Brokerage
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₹20 per executed order or .01% whichever is lower |
0.01% |
| Equity Options Brokerage
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₹20 per executed order or .01% whichever is lower |
₹60 per lot |
| Currency Futures Trading Brokerage
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₹20 per executed order or .01% whichever is lower |
₹20 per lot |
| Currency Options Trading Brokerage
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₹20 per executed order or .01% whichever is lower |
₹60 per lot |
| Commodity Futures Trading Brokerage
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₹20 per executed order or .01% whichever is lower |
0.01% |
| Commodity Options Trading Brokerage
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Other Charges
| Minimum Brokerage Charges
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₹0 |
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| Other Brokerage Charges
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Physical contact notes: ₹20, Trade SMS Alerts: ₹1 per SMS |
SMS Charges: ₹100 per segment. Software Charges Equity: ₹499 per month, MCX: ₹249 per month |
| Call & Trade Charges
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₹20 per executed order |
₹1000 per month |
Taxes
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Zerodha |
Tradeplus (Navia Markets Ltd) |
| Securities Transaction Tax (STT)
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- Equity Intraday: 0.025% (on Sell trade)
- Equity Delivery: 0.1% (on Buy and Sell)
- Equity Futures: 0.01% (on Sell trade)
- Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
- Currency Futures: Nil
- Currency Options: Nil
- Commodities: 0.01% on sell side (Non-Agri)
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- Equity Intraday: 0.025% (on Sell trade)
- Equity Delivery: 0.1% (on Buy and Sell)
- Equity Futures: 0.01% (on Sell trade)
- Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
- Currency Futures: Nil
- Currency Options: Nil
- Commodities: 0.01% on sell side (Non-Agri)
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| Exchange Transaction Charges
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Check table below |
Check table below |
| SEBI Charges
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Rs 15 per Crore |
Rs 15 per Crore |
| Goods and Services Tax (GST)
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18% on (brokerage + transaction charges) |
18% on (brokerage + transaction charges) |
| Stamp Duty
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Charged as per the state of the client's correspondence address. |
Charged as per the state of the client's correspondence address. |
Transaction Charges
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Zerodha |
Tradeplus (Navia Markets Ltd) |
| Equity Delivery
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NSE ₹325 per crore | BSE ₹1 per trade (each side) |
₹330 per crore (0.0033%) (each side) |
| Equity Intraday
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NSE ₹325 per crore | BSE ₹1 per trade (each side) |
₹330 per crore (0.0033%) (sale side) |
| Equity Futures
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NSE ₹210 per crore | BSE ₹1 per trade (each side) |
₹350 per crore (0.0035%) |
| Equity Options
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NSE ₹5300 per crore | BSE ₹1 per trade (each side) |
₹7500 per crore (0.075%)(on premium) |
| Currency Futures
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NSE ₹135 per crore (0.00135%) |
₹165 per crore (0.00165%) |
| Currency Options
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NSE ₹4400 (on premium) per crore (0.044%) |
₹6000 (on premium) per crore (0.06%) |
| Commodity
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Non-Agri ₹360 (0.0036%) | Agri ₹275 per Crore |
₹400 (0.004%) |
Exposure
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Zerodha |
Tradeplus (Navia Markets Ltd) |
| Equity Delivery
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1x (no margin) |
Upto 4X |
| Equity Intraday
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Up to 20x (based on the stock) |
Upto 33X |
| Equity Futures
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Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
Intraday leverage 2X | Cover Order Margin 3% |
| Equity Options
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Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
Intraday Leverage of 2X |
| Currency Futures
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Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
Intraday Leverage of 2X |
| Currency Options
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Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
1X |
| Commodity
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Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span |
Intraday Leverage of 2X |
Share Broker Features
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Zerodha |
Tradeplus (Navia Markets Ltd) |
| 3 in 1 Account
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| Charting
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| Automated Trading
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| SMS Alerts
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| Online Demo
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| Online Portfolio
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| Margin Trading Funding Available
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| Margin Against Shares (Equity Cash)
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| Margin Against Shares (Equity F&O)
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| Trading Platform
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Kite Web, Kite Android/iOS, Pi, Coin |
INFINI, NSE NOW |
| Intraday Square-off Time
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3:10 PM |
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| Other Features
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Direct Mutual Funds |
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Broker Ratings (Average User Rating)
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Zerodha |
Tradeplus (Navia Markets Ltd) |
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327 Customer Reviews  |
20 Customer Reviews |
| Fees Ratings |
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| Trading Brokerage Rating |
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| Trading Platform Usability |
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| Customer Service Ratings |
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| Overall Ratings |
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| Broker Rating |
Zerodha is Rated 3.8 / 5 based on 327 customer reviews |
Tradeplus is Rated 3.2 / 5 based on 20 customer reviews |
Contact Broker / Request A Call Back
Investment Options Available
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Zerodha |
Tradeplus (Navia Markets Ltd) |
| Stock / Equity
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| Commodity
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| Currency
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| Initial Public Offers (IPO)
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| Mutual Funds
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| Bond / NCD
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| Debt
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| Other Investment Options
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Customer Service Offered
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Zerodha |
Tradeplus (Navia Markets Ltd) |
| 24/7 Customer Service
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| Onine Live Chat
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| Through Branches
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Order Type
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Zerodha |
Tradeplus (Navia Markets Ltd) |
| Bracket Order
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| Cover Order
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| Buy Today Sell Tomorrow (BTST)
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| Sell Today Buy Tomorrow (STBT)
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| After Market Order(AMO)
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| Good Till Cancelled (GTC)
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Research / Tips / Reports Published
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Zerodha |
Tradeplus (Navia Markets Ltd) |
| Daily Market Report
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| Free Tips
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| Quarterly Result Analysis
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| News Alerts
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Suitable for Investor Category
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Zerodha |
Tradeplus (Navia Markets Ltd) |
| Casual Investor
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| Active Investor
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| Trader
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Pros, Cons and Other Review Comments
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Zerodha |
Tradeplus (Navia Markets Ltd) |
| Pros
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- Free equity delivery trades. No brokerage charges for Cash-N-Carry orders.
- Excellent trading platforms made available for free to all its customers.
- Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
- Brokerage is 0.01% or Rs 20 per executed order, whichever is lower for Intraday, F&O and Currency Derivatives. No hidden charges.
- 10% referral credit for reffering new customers.
- Direct Mutual Fund Investment is available.
- Over 7L+ customers and 8% of daily volume at BSE, NSE and MCX.
More Advantages... |
- Unlimited monthly trading plans available for frequent traders.
- Free equity delivery trading. No brokerage charged for trading in equity delivery (cash & carry) segment.
- Low demat AMC or ₹90 per month.
- Analysis tools available for intraday trading.
More Advantages... |
| Cons
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- Doesn't provide stock tips, research reports or recommendations.
- Call & Trade is charged at extra Rs 20 order.
- Doesn't provide options to invest in IPO, Bond and NCD's public offers.
- Margin funding is not available.
- GTC/GTD not available in Equity.
More Disadvantages... |
- Customer has to pay software charges.
- High call & trade charges. ₹1000 per month.
- Lower margin.
More Disadvantages... |
| Reviews
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Useful Articles about Zerodha:
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| Promo / Offers
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Truly free equity delivery trading
Get free equity delivery trading (truly no brokerage) and pay flat ₹20 intranet and F&O trade brokerage. To open an account with Zerodha, simply leave your contact information with us and Zerodha representatives will call you.
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Enquire about Zerodha
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Enquire about Tradeplus
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Zerodha
Zero Account Opening Fee